Wednesday, April 30, 2014

Regulation

Newly released documents from the Clinton library reveal how the Clinton's changes to the CRA helped create the subprime housing bubble, but the Fed was the ultimate source of the bubble. More.

Inequal pay doesn't mean discrimination. The problem with this whole discussion is wages are negotiated between individuals, and they are subjective. A high-producing worker may agree to work for lower wages than a lower-producing worker. This is why employers don't want employees to discuss their pay with each other.

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